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The Kraft Heinz Company (NASDAQ:KHC) Just Released Its First-Quarter Earnings: Here's What Analysts Think [Yahoo! Finance]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Company Research Source: Yahoo! Finance
The early response was not positive, with shares down 4.7% to US$36.35 in the past week. Revenues of US$6.4b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at US$0.66, missing estimates by 4.3%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Kraft Heinz after the latest results. View our latest analysis for Kraft Heinz Following last week's earnings report, Kraft Heinz's 18 analysts are forecasting 2024 revenues to be US$26.7b, approximately in line with the last 12 months. Per-share earnings are expected to bounce 30% to US$3.02. In the lead-up to this report, the analysts had been modelling revenues of US$26.8b and earnings per share (EPS) of Show less Read more
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